Mutukula, Uganda | THE INDEPENDENT | Mutukula border customs in Kyotera district has lost about Shillings 150 million in revenue due to the nationwide lockdown because of the Covid-19 pandemic. Vincent Seruma, the Assistant Commissioner Public & Corporate Affairs at Uganda Revenue Authority-URA, says they collect at least Shillings 50M …
Read More »URA closes four companies over digital stamps
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority on Monday closed premises of four manufacturers in Kampala for continuing to produce products without putting digital stamps on them. The companies are, Amron International, Prime Care International, Cloud water world and John Distillers. All the companies have been closed as …
Read More »URA struggling to control crowds at Busia customs
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority- URA officials in Busia district are struggling to contain the huge number of traders and truck drivers seeking clearance and screening for Covid 19 at the One-Stop Border Post-OSBP. Several people including clearing agents, money changers, truck drivers, mobile money operators …
Read More »Manufacturers of tyres, shoes, and mattresses to get tax exemptions
Kampala, Uganda | THE INDEPENDENT | Ugandans and foreigners investing in factories to make tyres, shoes, mattresses, and toothpaste will be exempted from paying income tax retrospectively starting July 2019. This is contained in the income tax (amendment) bill 2020. The amendment expands the list of businesses that enjoy this incentive …
Read More »COVID -19: Trade Ministry to set up designated stopover points for truck drivers
Kampala, Uganda | THE INDEPENDENT | The Minister of Trade and Cooperatives will put in place stopover centers for truck drivers in a move aimed at fighting the spread of the Coronavirus (COVID-19). With trans-boundary cargo vehicle drivers and their crew appearing to be the main new threat of spreading …
Read More »Musinguzi new URA boss, Atingo-Ego BOU deputy governor
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has appointed John Musinguzi Rujoki as new Uganda Revenue Authority Commissioner General and named Dr Michael Atingo-Ego Bank of Uganda deputy governor. Musinguzi has been presidential advisor on ICT and investment and board chairman of the National Information Technology Authority (NITA). He will replace …
Read More »URA grants extension on tax paying deadlines
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority has given companies more time to file their tax returns as businesses battle the impact of coronavirus that has seen several shut doors and send staff home. Companies, whose accounting year ends in September, and are unable to file corporation tax returns …
Read More »URA to deploy drones to catch smugglers
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority will start using drones to monitor remote routes that have been used by smugglers to bring goods into the country without paying tax. The project which will see the tax body receive at least 500 million Shillings in the next budget, will …
Read More »BATU rewards URA more than its shareholders
Huge taxes will continue to water down dividends Kampala, Uganda | ISAAC KHISA | Have you ever imagined running a company that hands over a huge chunk of its revenue to government as tax compared to shareholders’ dividends? This is the situation that managers at the British American Tobacco Uganda …
Read More »Experts, consumers put URA on defensive over effectiveness of digital tax stamps
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority–URA came under the spotlight during the counterfeit conference held in Kampala on Tuesday over the effectiveness of its digital stamps and tracking solutions. The conference that was organised by the Anti-Counterfeit Network in Africa drew participants from among other countries Uganda, …
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